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NEWS - BUSINESS & ECONOMY

NEWS - BUSINESS & ECONOMY

Entrepreneurs reveal benefits of remote working in new research

April 04 ,2017 | by Erin O’Neill

Entrepreneurs reveal benefits of remote working in new research

Entrepreneurs have revealed the top benefits of remote working in new research from insurance company Direct Line.

The research revealed the best places for small business owners to work, with coffee shops being named as the top choice, cited by 27 per cent of respondents.

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Technical and professional sector sees biggest boost in SMEs

March 29 ,2017 | by Hari Sri

Technical and professional sector sees biggest boost in SMEs

New research from Hampshire Trust Bank has revealed the sectors in the UK that have seen the highest levels of growth in SME entrants since 2010, with the technical & professional sector experiencing the biggest boost.

The research found that whilst construction and retail had the highest percentage of SMEs overall, these sectors had the lowest percentage of start-up entrants at 4 per cent and 3 per cent respectively, with issues such as financial concerns and competition being cited as barriers to growth.

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New guide to degree apprenticeships published for employers

March 21 ,2017 | by Helen Gould

New guide to degree apprenticeships published for employers

A new guide has been published for employers to help them receive information on degree apprenticeships.

The digital publication, A Guide to Degree Apprenticeships for Employers, was launched by careers advice company Prospects with the aim of providing employers with information and guidance on the Apprenticeship Levy, which is set to be introduced on 6th April 2017. 

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Number of businesses in the UK reaches record high

March 14 ,2017 | by Thiago Kiwi

Number of businesses in the UK reaches record high

The number of businesses in the UK has reached a record high, passing 4 million for the first time, according to new figures from software company Inform Direct.

The research, which used data from Companies House and the Office for National Statistics, showed that at the end of February this year, there were 4,005,093 registered businesses in the UK. 

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Confidence among UK’s private sector firms recovers to strongest level

March 14 ,2017 | by Claire Payne

Confidence among UK’s private sector firms recovers to strongest level

Business confidence in the UK’s private sector has recovered to its strongest level since the middle of 2015, according to data from the Markit UK Business Outlook Survey.

The research, which surveyed 12,000 manufacturers and service providers, found that it has now reached 52 per cent as fears over Brexit begin to subside.

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Over 70 per cent of apprentice-hiring businesses report productivity boost

February 24 ,2017 | by Erin O’Neill

Over 70 per cent of apprentice-hiring businesses report productivity boost

Over 70 per cent of small and medium-sized businesses that have taken on apprentices have seen an increase in productivity, according to research from the Department for Education.

The research, which has been released ahead of National Apprentice Week, shows the benefits that apprentices can bring to businesses, with over 200,000 apprentices set to be recruited over the next year.

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Finance conditions continuing to improve for small businesses

February 22 ,2017 | by Erin O’Neill

Finance conditions continuing to improve for small businesses

Finance conditions are continuing to improve for small businesses, with 2016 seeing strong growth in asset finance and peer-to-peer lending, according to a report from British Business Bank.

The Small Business Finance Markets Report found that asset finance reached £16.8 billion in 2016, whilst peer-to-peer business lending reached £1.3 billion. 

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UK named one of the most attractive places for work

February 17 ,2017 | by Claire Payne

UK named one of the most attractive places for work

The UK has been named one of the most attractive places for work in a new study from human resources management software company ADP.

The Workforce View in Europe 2017 report surveyed over 9,900 employees from the UK, Germany, the Netherlands, Italy, France, Spain, Poland and Switzerland, exploring their attitudes on the future of work and offering insights into issues such as skills, career development, international talent, wellbeing, workplace technology and employee engagement.

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Manchester and London among the most influential cities in Europe

February 16 ,2017 | by Claire Payne

Manchester and London among the most influential cities in Europe

Manchester and London have been featured in a list of the most influential cities in Europe in research from commercial real estate company Colliers International.

The Cities of Influence report looked at talent, location, affordability and low costs to find the top 20 most influential cities in Europe, with Manchester and London being the only two English cities to make the list. 

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Government searching for UK’s first commissioner to help small businesses

February 14 ,2017 | by Erin O’Neill

Government searching for UK’s first commissioner to help small businesses

The Government is searching for the UK’s first small business commissioner to act as a “national champion for small businesses.”

Applications for the role are now open, and the Government is searching for candidates that will be able to provide the support that small businesses need in order to thrive. 

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Programme launched to show that London is open for business

February 09 ,2017 | by Erin O’Neill

Programme launched to show that London is open for business

Mayor of London Sadiq Khan is to launch a programme to show that London is the best place to do business.

The “London Is Open” programme aims to show that London is continuing to welcome people that are looking to work, study or visit the city.

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New enterprise zone could boost economy by £589 million

January 30 ,2017 | by Claire Payne

New enterprise zone could boost economy by £589 million

A new enterprise zone that will be based in the West Midlands could help to boost the local economy by £589 million.

DY5 - Dudley's Business and Innovation Enterprise Zone, which will be located in Brierley Hill in Dudley, is also expected to create thousands of new jobs across the country.

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Small businesses to benefit from new banking scheme

January 27 ,2017 | by Erin O’Neill

Small businesses to benefit from new banking scheme

Over 40 banks and building societies in the UK have signed a deal with the Post Office to provide personal customers and small businesses with easier access to banking services.

The new scheme will benefit 99 per cent of personal banking customers and over 75 per cent of business customers in the UK by providing a more simplified service.

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Funding Circle raises £82 million in equity funding

January 16 ,2017 | by Erin O’Neill

Funding Circle raises £82 million in equity funding

Funding Circle has secured £82 million in equity funding, enabling the peer-to-peer lending platform to provide financial support to small businesses and create thousands of jobs.

The £82 million round, which was led by venture capital firm Accel and received contributions from Funding Circle’s existing investors Union Square Ventures, Baillie Gifford and Ribbit Capital, comes after the lending platform secured £40 million investment from the Government’s British Business Bank earlier this month.

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Demand growing for more workspace in UK

January 04 ,2017 | by Erin O’Neill

Demand growing for more workspace in UK

The need for flexible office rentals in the UK has been increasing, leading Dutch workspace provider Spaces to expand across the country.

The company will be opening up ten new UK sites in 2017.

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Co-op to create new jobs across UK

December 29 ,2016 | by Thiago Kiwi

Co-op to create new jobs across UK

The Co-op is to invest £70 million into a growth project that will see hundreds of new jobs being created in the UK in the new year.

The company will be opening 100 stores for the project, with many of them being located in London and the South East. There will also be new stores in Swansea, Sheffield, Kings Bromley in Staffordshire, and Beverley in Yorkshire.

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North East tech sector fastest growing in UK, report shows

December 28 ,2016 | by Hari Sri

North East tech sector fastest growing in UK, report shows

The North East has the fastest growing tech sector in the UK, with the region’s GVA contribution being double the UK average, according to a report from the Office for National Statistics.

The report showed that the GVA contribution of the region’s Information and Communications sector experienced a growth of 14.9 per cent.

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Businesses optimistic about future after Brexit, according to survey

December 27 ,2016 | by Helen Gould

Businesses optimistic about future after Brexit, according to survey

British businesses are feeling positive about their future, according to a survey from the Institute of Directors (IoD).                     

The IoD surveyed 34,000 businesses, questioning them on how they believe Brexit will affect their future, and found that 60 per cent of British businesses are “optimistic” or “very optimistic” about the upcoming year.

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Asset-based lending for UK businesses reaches record high

December 14 ,2016 | by Thiago Kiwi

Asset-based lending for UK businesses reaches record high

Asset-based lending to businesses in the UK has reached a record high, helping to bridge the funding gap, according to the Asset Based Finance Association (ABFA).

Figures showed that asset-based lending has reached £4.3 billion, up by 22 per cent from last year and 71 per cent since 2011. 

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Government launches online portal to help small businesses to export

December 12 ,2016 | by Hari Sri

Government launches online portal to help small businesses to export

A new online portal has been launched by the Government to provide small businesses in the UK with export opportunities.

The GREAT.gov.uk trade hub was set up by the Department of International Trade.

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Workers more attracted to jobs that offer homeworking, study shows

December 08 ,2016 | by Helen Gould

Workers more attracted to jobs that offer homeworking, study shows

Over 40 per cent of workers in the UK would accept a new job if they were able to work from home, according to a new study.

The research also found that workers would be more attracted to a job role that offers staff the option of having a nap.

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Yorkshire and Humber to have fastest economic growth in 2016

December 06 ,2016 | by Erin O’Neill

Yorkshire and Humber to have fastest economic growth in 2016

Yorkshire and Humber are set to have the fastest economic growth in the UK in 2016, according to EY’s UK Region and City economic forecast.

The forecast showed that Yorkshire and Humber is expected to have a gross value added (GVA) growth of 2.5 per cent in 2016, up from the predicted average growth of 2 per cent GVA.

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Businesses expecting higher growth rate over next quarter, according to CBI

December 04 ,2016 | by Erin O’Neill

Businesses expecting higher growth rate over next quarter, according to CBI

Businesses are expecting a higher growth rate over the next quarter, according to the Confederation of British Industries (CBI).

The latest growth indicator, which surveyed 750 respondents, showed that growth in the UK’s private sector has remained steady over the past three months. 

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Over 700,000 UK jobs created in 2014/15, research shows

December 02 ,2016 | by Claire Payne

Over 700,000 UK jobs created in 2014/15, research shows

Over 700,000 jobs were created by businesses in the UK from 2014 to 2015, according to research by the Enterprise Research Centre (ERC).

The research found that 709,174 new jobs were created over this period, with nearly a quarter of them being created by businesses in London.

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Small business owners feel positive about their future, survey shows

December 01 ,2016 | by Helen Gould

Small business owners feel positive about their future, survey shows

Small business owners are feeling positive about the future of their company, according to research from the organisers of upcoming event Small Business Saturday.

The research found that owning a small business can make business owners feel happier and more confident.

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